CAREER SERVICES UPDATE
Tremendous Career Support in a Down Market
A campaign to leverage the strength of the Chicago Booth community has led to more than 100 full-time jobs and internships since April. Dubbed “The Booth Effect,” the campaign successfully encourages the Booth network to identify career opportunities for students and alumni, forge new corporate connections, and introduce Booth talent to business leaders.
Among those who provided career support were members of the Council on Chicago Booth and the Global Advisory Board, who brought more than 40 internship opportunities, including Sheila Hooda, ’88, senior managing director at TIAA-CREF; Michael Polsky, ’87, president and CEO of Invenergy; Lee Hillman, ’79, CEO of Performance Health Systems; Martin Slark, vice chairman and CEO at Molex; and Frits Seegers, ’89, CEO of Barclay’s Global Retail and Commercial Banking, who dedicated internships in emerging markets for Booth students.
Other alumni who have assisted are Ruwan Salgado, ’94, director and chief operating officer at World Links, who continues to provide connections with leaders in the Washington DC area, and Michael Rosen, ’05, who turned the New York Alumni Club’s bimonthly happy hour into “the Headhunter’s Ball,” which gave students and alumni a chance to invite a human resources professional, hiring manager, or executive search representative.
Students Take the Lead
Students also helped find jobs for each other, from organizing more career-related treks to student group resume reviews, networking events, and peer coaching. “Students even put us in touch with their own networks. Several parents have sourced talent from us for their business, including Mike Turillo of Spencer Trask, who hired two interns from Chicago Booth last summer,” said Julie Morton, associate dean of Career Services. Steve Wu, a weekend MBA student, connected Career Services staff with his team at Booz Allen Hamilton to assure that the Booth community is aware of current and upcoming openings.
Full-time MBA students chosen to be career advisors coached their peers in their industry or function-specific job search by helping them develop target lists, think strategically, and stay on course during recruiting. “Their leadership and willingness to go above and beyond for the Booth community was often behind the scenes, but vital to their peers,” Morton said. Additionally, career advisor alumni solicited employment leads—more evidence of “The Booth Effect,” she noted.
Co-Sponsored Internships Make a Difference
In April, the Dean’s Office and the Michael P. Polsky Center for Entrepreneurship provided supplemental funding for the Entrepreneurial Internship Program that expanded the number of summer internships at qualifying entrepreneurial organizations around the world. The same month, Chicago Booth launched the Internship Community Fund, enabling students to pursue paid internships in the nonprofit or public sectors that can be leveraged in students’ full-time job searches. Students also were hired for internships with Chicago Booth faculty as well as other university departments.
Additionally, support from Booth’s research centers has been strong. Art Middlebrooks, executive director at the Kilts Center for Marketing, continued to leverage the center’s network to develop relationships and build Booth’s strength in marketing via robust internship and full-time opportunities. This strong support to first years and Chicago Booth’s creative outreach helped more students have fulfilling summer experiences, positioning them well for the full-time job search, Morton said.—P.H.
HOW TO HELP
There are numerous ways alumni can help support the Booth community, according to Allison Jordan, assistant director of employer development. “The most effective employer development ‘tool’ we have is you. Make it known you are a Chicago Booth alumnus. Post a job, pass along a resume, give us a name, introduce a colleague, accept a request for an informational interview, partner with your recruiting team, reach out to the employer development team, get involved in your alumni club.”
To learn more, email allison.jordan@ChicagoBooth.edu.
Deans’ Roundtables Visit More Cities Worldwide
The Deans’ Roundtables expanded to 13 cities this year as senior Chicago Booth leaders visited students at their summer internships in Beijing, Boston, Chicago, Dallas, Hong Kong, London, Los Angeles, New York, San Francisco, Seoul, Shanghai, Singapore, and Tokyo.
Stacey Kole, deputy dean of the Full-Time MBA Program and Julie Morton, associate dean of Career Services, met with more than 150 interns to learn how well prepared they felt and how the internship matched their expectations. The discussions took place over breakfast, lunch, or dinner; most events were followed by a reception with alumni and incoming students to strengthen the Booth community, Morton said.
Launched in 2002 following the arrival of dean Edward Snyder, the program gives students a chance to touch base with school leaders. Corporate sponsors for 2009 included British Telecom in London.—P.H.
Talent Development Conference Expands
Image from iStockTop Talent: Chicago Booth added Hong Kong to locations
for the Talent Development Conference this year,
an event that provides an opportunity for companies
to strengthen their relationship with Booth.
The international reach of Chicago Booth’s Talent Development Conference (TDC) broadened to include not only Europe but also Asia last spring with an event in Hong Kong that drew more than 50 participants. Hosted by Career Services, the Executive MBA Program Asia team, and Executive Education, the event helped Chicago Booth expand corporate partnerships, according to Ria Sugita, director of marketing, Asia. Speakers included Elmar Kronz, vice president of DDI Asia, who explained how leaders can manage and retain top talent during turbulent times, and Christopher Hsee, Theodore O. Yntema Professor of Behavioral Science and Marketing, who presented research on the art and science of happiness.
In London, the TDC in May drew 71 participants, the largest audience ever. Speakers included several alumni panelists; Jessica Pryce-Jones, CEO of iOpener, who spoke about why happiness at work matters; and Philip Krinks, partner and managing director of The Boston Consulting Group, who discussed how to address human resource challenges worldwide through 2015.—P.H.
Annex Offers Alumni Space
A joint effort between the Center for Research in Security Prices (CRSP) and Chicago Booth Career Services provided professional support and office space in Chicago’s financial district this year for alumni and students who had lost a job and had no access to outplacement services.
Opened in March and called the Booth Career Search Annex @CRSP, the pilot program provided career management help and offered 12 cubicles with computers, a private office, and a conference room at the CRSP office on West Adams Street.
The program helped more than 40 alumni and students from the Evening MBA, Weekend MBA, and Executive MBA programs as they conducted their job searches. Among them was Nick Kamboj, ’09. He said the annex “was instrumental in my career search and provided the ultimate professional environment in which to execute it. Within a couple of weeks, I had several interviews; within several weeks, I had multiple offers. While there were many factors leading to my final employment decision, I know that I could not have been as successful without the annex.”—P.H.